TemplarDAO
Crypto Overview
Project Overview
TemplarDAO is a decentralized reserve protocol built on the Avalanche blockchain, launched in December 2023. The protocol aims to create a treasury-backed cryptocurrency system with TEM as its native token.
Purpose and Utility
The primary stated purpose of TEM is to serve as a governance token for the TemplarDAO ecosystem, allowing holders to participate in decision-making regarding treasury management and protocol operations. The token also provides access to the protocol's bonding and staking mechanisms.
Business Model
The protocol operates through a system of bonding, where users can purchase TEM tokens at a discount by providing liquidity in the form of other assets. The treasury assets are meant to back the value of TEM tokens. The protocol also includes staking mechanisms where users can earn rewards for locking their tokens.
Real-World Adoption
The protocol is in its early stages, with adoption primarily focused on treasury building and community governance. Current usage aligns with the stated purposes of governance and treasury management.
Development Activity
The project maintains active development on its core protocol features, with regular updates to smart contracts and user interface improvements. The team has demonstrated consistent progress in implementing their roadmap.
Token Distribution
The token distribution includes allocations for the treasury, team members, and early participants. Specific vesting schedules are in place for team allocations to ensure long-term alignment of interests.
Crypto Impact
To assign a comfort level investing in TemplarDAO from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to TemplarDAO.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.